I am from
Aon.
Meet Rendani Mulaudzi, our Directors and Officers Liability Insurance Broking Expert.
Directors and Officers Liability Insurance Broking Solutions
A Directors and Officers policy protects Directors and Officers from claims which may arise from their decisions and actions taken within the scope of their official duties.
Whilst they would normally expect to be indemnified by the company, the company is in some cases prohibited from doing so either by law, financial inability or corporate policy.
Typical sources of claims include:
Shareholders – related to mergers and acquisitions, financial performance, executive compensation, stock or other offers, financial reporting, inadequate or inaccurate disclosure, insolvency and conflicts of interest.
Clients – related to deceptive trade practices, dishonesty, contract disputes and sales process.
Other stakeholders or third parties – employees, SARS, regulatory and government issues, banks, trade unions, competitors and liquidators.
Globally, Aon has driven the progression of Directors’ and Officers’ (D&O) liability insurance broking for over 20 years and has developed many products that are now accepted industry standards. Aon places more than $2.6 billion in D&O liability premiums annually.
Because each individual and organisation is unique, we partner with you to understand your risks and opportunities before dispensing advice and solutions that empower results for you and your business.